AUDCAD /Chart Pattern/Price Action/

The price broke out the lower trend of the down slope channel. When the price breakout with the channel slope, it is usually false breakout.
That is why I take a buy trade. The risk/reward ratio is so good here.

Commentaire:

I moved the stop loss to /0.92119/.

Commentaire:

Trade fermée manuellement:

I closed the trade with profit /107/ points